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    Survey of Accounting
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    Exam 14: Performance Evaluation for Decentralized Operations
  5. Question
    The Excess of Divisional Income from Operations Over a Minimum
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The Excess of Divisional Income from Operations Over a Minimum

Question 43

Question 43

Multiple Choice

The excess of divisional income from operations over a minimum acceptable divisional income from operations is termed:


A) profit margin.
B) residual income.
C) rate of return on investment.
D) gross profit.

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